In a significant development for cricket fans, Amrit Thomas has been appointed as the chairman of Royal Challengers Bengaluru (RCB) as of March 28, 2026. This change comes after the franchise was acquired for a record $1.78 billion by a consortium including the Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone.

The acquisition values RCB at approximately INR 166.6 billion, marking a remarkable increase from the INR 450 crores paid by former owner Vijay Mallya in 2008. Mallya’s tenure as owner was marred by financial scandals, leading to the eventual sale of the franchise.

RCB, which won its first IPL trophy in 2025, is now the defending champion heading into the 2026 season. Under the leadership of captain Rajat Patidar, the team aims to build on its recent success.

Vijay Mallya expressed his sentiments on the franchise’s journey, stating, “When I bought the franchise in 2008 for INR 450 crores, most people laughed at me and criticised my investment as a vanity project.” His comments reflect the transformation of RCB from a struggling team to a championship-winning franchise.

As the IPL 2026 season opener approaches, excitement is palpable in Bengaluru. Mallya remarked, “It’s a massive night here in Bengaluru with the IPL 2026 season opener at the Chinnaswamy.” His enthusiasm for the team’s achievements remains evident, despite the change in ownership.

In light of the recent acquisition, reactions from fans and analysts have been mixed, with many acknowledging the financial prowess of the new owners while also reflecting on Mallya’s legacy. One observer noted, “Buying RCB in 2008 was a brilliant idea. It was your brainchild. The sale in 2026 for an extraordinary price must have been bittersweet—but your vision and sportsmanship are truly admirable.”

The transition to new ownership marks a new chapter for RCB, with Thomas now at the helm. The franchise’s future will be closely watched as it navigates the challenges and opportunities ahead in the competitive landscape of the IPL.

Details remain unconfirmed regarding the strategic plans Thomas may implement to enhance the team’s performance and marketability. However, the acquisition signals a commitment to elevating RCB’s status in the cricketing world.

The post RCB Owner Name 2026: Amrit Thomas Takes Charge After Major Acquisition appeared first on newscri.